Corn Down Nearly 5¢. Wednesday, April 23, 2025
Ahead of 9 a.m. CT, July corn was down 4¾¢ at $4.78½ per bushel.
Naomi Blohm, senior market advisor at Total Farm Marketing, said a lack of new bullish news contributed to July corn falling below the $4.85 support level yesterday. She said the next level of support is $4.80, and then $4.75 is a significant support level.
July soybeans were up 4¼¢ at $10.50¼ per bushel ahead of 9 a.m. CT.
July wheat contracts were lower. CBOT wheat was down 4¢ at $5.46¼ per bushel. KC wheat was down 6¢ at $5.52¼. Minneapolis wheat was down 3¢ at $6.07¼.
June live cattle were up $1.95 at $208.23 per hundredweight (cwt). August feeder cattle were up $1.90 at $293.15 per cwt. June lean hogs were up $1.10 at $101.38 per cwt.
June crude oil was up a penny at $63.68 per barrel.
The U.S. Dollar Index June contract was up to 99.26.
June S&P 500 futures were up 173 points. June Dow futures were up 1,063 points.
Further development of the grain sector in the Black Sea and Danube region will be discussed at the 23 International Conference BLACK SEA GRAIN.KYIV on April 24 in Kyiv.
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